Monday, June 28, 2010

20100628 1328 FKLI Mid Day Hourly Chart Study.

FKLI closed : 1327 changed : +2 points, volume : low.
Bollinger band reading : side way range bound.
MACD Histrogram : rising slowly, battling between buyer and seller.
Support : 1325, 1318, 1310 level.
Resistant : 1330, 1337, 1345 level.
Comment :
6 points range market FKLI traded slightly firmer in slow volume as market moving side way ranging with clear direction due to roll over activities. Hourly chart reading also having an side way range bound outlook testing support and resistant level.

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